As a property investor, learn to put into consideration the computations for the total cost of repairs on the tax deed sale property. Also, study and carefully analyze the period of time needed to be spent for renovation. After you are done with this procedure, add up the total cost of repairs as well as your bid for the property. This makes it easier to take account on your expenses.
Keep in mind that personal inspections are oftentimes not allowed in tax sale properties. Do remember to leave a budget for the hidden costs of repairs. However, get some price quotations of a property and its possible repairs so that you can get a good estimate.